Garry Tan emphasizes the necessity of regulation for artificial intelligence to mitigate risks and ensure compliance with existing laws.
Tan expresses valid concerns about specific regulatory bills related to AI moving through California and San Francisco legislatures, highlighting the need for thoughtful policy considerations.
California bill by state Sen. Scott Wiener allows the attorney general to sue AI companies for harmful products, causing concern among Valley VCs like Garry Tan.
Tan refers to UK entrepreneur Ian Hogarth as a model for thoughtful consideration in policy-making regarding AI, balancing innovation support with harm mitigation.
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